NOT LISTED FOR SALE

Estimated Value: $784,000 - $893,000

4 Beds
2 Baths
1,368 Sq Ft
$595/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $695,000 $508 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,174/month

59 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 1-Story Property
  • Wrought Iron Fence
  • Back Yard
  • 2-minute walk to Lincoln Acres County Park

About This Home

As of February 2022

Pride of Ownership duplex! An amazing opportunity to own an investment property in a city rich in history. Approximately five years ago both units were updated with new flooring, new interior doors, new kitchen cabinets, new fixtures and new vanities. Both units consist of 2 bedrooms and 1 bath each having a private yard. Full kitchen appointed with stainless steel appliances, stone countertops, plenty of storage and backsplash. Buyers and buyer’s agents to do their own due diligence with all necessary parties. *****Pictures taken 5 years ago after remodel*****

Last Agent to Sell the Property

PRISCILLA DEL RIO

DEL RIO REALTY GROUP License #01904744 Listed on: 11/05/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,825

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Privacy Fence
  • Wood Fence
  • Block Wall Fence
  • Fence is in fair condition
  • Back Yard

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 595
  • Tax Tract Number 1763
  • Assessor Parcel Number 5641510600
  • $527 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • National City Subdivision

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $510
  • Water Sewer Expense $1,380
  • Operating Expense $3,190
  • Net Operating Income $34,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,825

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 344500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: National City
  • Water Sewer Expenses: 1380.00
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 5641510600
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 508.04

Exterior Features

  • Fence: Yes
  • Fencing: Block, Fair Condition, Privacy, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 510.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 34610.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 3190.00
  • Rent Control: Yes
  • Total Actual Rent: 37800.00
  • Total Expenses: 3190.00

Tax Info

  • Tax Census Tract: 122.00
  • Tax Lot: 595
  • Tax Tract Number: 1763
  • TaxOtherAnnualAssessmentAmount: 527.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2016
Sold by
Pintar Investment Company Residential Lp
Bought by
Osuna Carmina
Current Estimated Value
$814,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jun 16, 2016
Sold by
Asef Nader and Asef Homa
Bought by
Pintar Investment Company Residential Lp
Seller's Agent
Simon Asef
DMC Real Estate
Buyer's Agent
Simon Asef
DMC Real Estate
List Price
$425,000
Sold Price
$300,000
Premium/Discount to List
-$125,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$255,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2009
Sold by
Oropeza Lorena
Bought by
Asef Nader and Asef Homa

Purchase Details

Closed on
Dec 5, 2006
Sold by
Anumada Carmen and Alduenda Roberto
Bought by
Oropeza Lorena

Purchase Details

Closed on
Jun 27, 2006
Sold by
Oropeza Lorena
Bought by
Anumada Carmen and Oropeza Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2006
Sold by
Alfaro Guillermo and Alfaro Emilia
Bought by
Oropeza Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 19, 2003
Sold by
Alfaro Guillermo and Alfaro Emilia
Bought by
Alfaro Guillermo and Alfaro Emilia

Purchase Details

Closed on
Dec 21, 2001
Sold by
Valadez Michael V and Valadez Irma P
Bought by
Alfaro Guillermo and Alfaro Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.75%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Lopez Juan E and Lopez Leticia
Bought by
Valadez Michael and Valadez Irma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,405
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1997
Sold by
Reynoso Jaime L and Reynoso Irene S
Bought by
Lopez Juan E and Lopez Leticia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Osuna Carmina $440,000 Title 365
Pintar Investment Company Residential Lp $300,000 Title 365
Asef Nader -- Title 365
Asef Nader $151,500 Lawyers Title Company
Oropeza Lorena -- None Available
Anumada Carmen -- None Available
Oropeza Lorena $500,000 Southland Title Of San Diego
Alfaro Guillermo -- --
Alfaro Guillermo $200,000 First American Title Ins Co
Valadez Michael $119,000 Lawyers Title
Lopez Juan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osuna Carmina $432,030
Previous Owner Pintar Investment Company Residential Lp $255,000
Previous Owner Oropeza Lorena $50,000
Previous Owner Oropeza Lorena $400,000
Previous Owner Alfaro Guillermo $180,000
Previous Owner Valadez Michael $24,000
Previous Owner Valadez Michael $118,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $695,000 +0.9% $508 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
11/05/2021 11/05/21 For Sale $689,000 +56.6% $504 / Sq Ft
12/06/2016 12/06/16 Sold $440,000 0.0% $322 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $440,000 +46.7% $322 / Sq Ft
06/29/2016 06/29/16 Sold $300,000 -29.4% $219 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $425,000 -- $311 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,825 $737,537 $553,156 $184,381
2024 $8,825 $723,076 $542,310 $180,766
2023 $8,649 $708,899 $531,677 $177,222
2022 $6,171 $481,201 $360,902 $120,299
2021 $5,957 $471,767 $353,826 $117,941
2020 $5,686 $466,930 $350,198 $116,732
2019 $5,668 $457,776 $343,332 $114,444
2018 $5,531 $448,800 $336,600 $112,200
2017 $920 $440,000 $330,000 $110,000
2016 $2,246 $165,193 $87,231 $77,962
2015 $2,209 $162,712 $85,921 $76,791
2014 $2,123 $159,525 $84,238 $75,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21242858

California Regional Multiple Listing Service (CRMLS)

APN: 564-151-06